"Bloomberg Markets" follows the market moves across every global asset class and discusses the biggest issues for Wall Street. Today's guests: Karv Global Partner Amir Handjjani, Causeway Capital Management Fundamental Portfolio Manager Ellen Lee, SoLo Funds Co-Founder & President Rodney Williams, and Morgan Stanley Head of Digital Asset Strategy Amy Oldenburg. (Source: Bloomberg)
"Bloomberg Markets" follows the market moves across every global asset class and discusses the biggest issues for Wall Street. Today's guests: Karv Global Partner Amir Handjjani, Causeway Capital Management Fundamental Portfolio Manager Ellen Lee, SoLo Funds Co-Founder & President Rodney Williams, and Morgan Stanley Head of Digital Asset Strategy Amy Oldenburg. (Source: Bloomberg)
The electric vehicle ( EV ) market expanded rapidly from 2020 to 2023, but its growth cooled off over the past three years. Reduced government subsidies, saturation of the early adopter market, rising rates, and other macro headwinds caused that slowdown. The EV market is still expanding, but many investors are still shunning EV stocks in this choppy market. However, that tepid interest in EVs mig...
The electric vehicle ( EV ) market expanded rapidly from 2020 to 2023, but its growth cooled off over the past three years. Reduced government subsidies, saturation of the early adopter market, rising rates, and other macro headwinds caused that slowdown. The EV market is still expanding, but many investors are still shunning EV stocks in this choppy market. However, that tepid interest in EVs might be creating some compelling buying opportunities in some of the sector's oft-overlooked stocks. Let's take a closer look at two of them: QuantumScape (NASDAQ: QS) and ChargePoint (NYSE: CHPT) . Image source: Getty Images. Continue reading
adventtr/iStock via Getty Images The last time I wrote about Nurix Therapeutics, Inc. ( NRIX ) it was in a Seeking Alpha article entitled " Nurix: Bexobrutideg Advancement Presses Forward With H2 2025 Milestones ." With respect to this article, I mentioned that the company was in the process of developing its orally bioavailable, brain penetrant, highly selective small molecule degrader of BTK bex...
adventtr/iStock via Getty Images The last time I wrote about Nurix Therapeutics, Inc. ( NRIX ) it was in a Seeking Alpha article entitled " Nurix: Bexobrutideg Advancement Presses Forward With H2 2025 Milestones ." With respect to this article, I mentioned that the company was in the process of developing its orally bioavailable, brain penetrant, highly selective small molecule degrader of BTK bexobrutideg for the treatment of patients with relapsed/refractory chronic lymphocytic leukemia [r/r CLL]. I noted that the company was in the process of gearing up to initiate a single-arm trial for this program. As an update, I'm happy to report that the company has already been able to initiate its single-arm pivotal phase 2 DAYBreak CLL-201 study using this drug to treat these r/r CLL patients. Should this clinical study turn out to be successful, then the company could potentially be able to file for FDA Accelerated Approval of bexobrutideg for the treatment of these patients thereafter. A catalyst that investors should keep an eye on would be in terms of the initiation of a confirmatory trial for this very same program. It is expected that Nurix will initiate the global randomized phase 3 confirmatory DAYBreak CLL-306 trial using bexobrutideg to treat patients with r/r CLL in mid-2026. This study is going to target patients whose disease has progressed after prior BKT therapy. In essence, the company's drug is going to be compared to that of the approved non-covalent inhibitor pirtobrutinib. The last time, I rated this stock with a Strong Buy rating, and I'm going to stick to this rating because this program continues to advance for starters. Not only that, but it is already underway with two expansion opportunities for it. It is testing a higher 600 mg dose of bexobrutideg to treat earlier lines of CLL patients in the NX-5948-301 Phase 1a/1b clinical study . There will be updated clinical data released from this study throughout 2026 at medical meetings. In addition, i...
Amid customer dissatisfaction around Broadcom's VMware takeover, rivals have been trying to lure customers from the leading virtualization firm. One of VMware's biggest competitors, Nutanix, claims to have swiped tens of thousands of VMware customers. Speaking at a press briefing at Nutanix’s .NEXT conference in Chicago this week, Nutanix CEO Rajiv Ramaswami said that “about 30,000 customers” have...
Amid customer dissatisfaction around Broadcom's VMware takeover, rivals have been trying to lure customers from the leading virtualization firm. One of VMware's biggest competitors, Nutanix, claims to have swiped tens of thousands of VMware customers. Speaking at a press briefing at Nutanix’s .NEXT conference in Chicago this week, Nutanix CEO Rajiv Ramaswami said that “about 30,000 customers” have migrated from VMware to the rival platform, pointing to customer disapproval over Broadcom’s VMware strategy, SDxCentral , a London-based IT publication, reported today. “I think there's no doubt that the customer sentiment continues to be negative about Broadcom,” Ramaswami said, per SDxCentral. Read full article Comments
Authorities arrest driver and passenger of car after finding large amounts blood and unresponsive man in rear seat Northern California law enforcement officals pulled over the driver of a Chevrolet Suburban on Easter Sunday morning for a suspected registration violation, and came upon a grisly scene that ultimately led them to two homicide victims. The California highway patrol said in a statement...
Authorities arrest driver and passenger of car after finding large amounts blood and unresponsive man in rear seat Northern California law enforcement officals pulled over the driver of a Chevrolet Suburban on Easter Sunday morning for a suspected registration violation, and came upon a grisly scene that ultimately led them to two homicide victims. The California highway patrol said in a statement that two people, the person driving the vehicle and a passenger, had been arrested in connection with the killings. The passenger attempted to flee when officers stopped the SUV in Clearlake, about 100 miles north-east of San Francisco, but was quickly detained, according to CHP. Continue reading...
Key Points Vista Investment Partners acquired 87,729 shares of Federated Hermes in Q1 2026; the estimated transaction value was $4.7 million based on quarterly average pricing.
Key Points Vista Investment Partners acquired 87,729 shares of Federated Hermes in Q1 2026; the estimated transaction value was $4.7 million based on quarterly average pricing.
Trump is on the verge of squandering a ceasefire that serves US interests for the sake of an unreliable ally When Pakistan’s prime minister, Shehbaz Sharif, announced that the US and Iran, along with their allies, had agreed to an immediate ceasefire on Tuesday night, he made clear that the truce applied “everywhere including Lebanon”. But hours later, the Israeli government insisted that the deal...
Trump is on the verge of squandering a ceasefire that serves US interests for the sake of an unreliable ally When Pakistan’s prime minister, Shehbaz Sharif, announced that the US and Iran, along with their allies, had agreed to an immediate ceasefire on Tuesday night, he made clear that the truce applied “everywhere including Lebanon”. But hours later, the Israeli government insisted that the deal did not include halting its attacks on Lebanon, which had become one of the deadliest fronts of the regional war instigated by the joint US-Israeli attack on Iran. By Wednesday afternoon, Israel had launched its largest and most destructive attack on Lebanon in years, killing at least 300 people and wounding more than 1,100. Dozens of Israeli warplanes dropped bombs on 100 targets across Lebanon within 10 minutes, with the Israeli military claiming it was targeting Hezbollah “command centers” in an operation it called “Eternal Darkness”. But Israeli warplanes leveled several buildings in crowded residential neighborhoods of Beirut, spreading panic in the Lebanese capital and overwhelming hospitals with hundreds of casualties. Israel also continued bombing Lebanon’s infrastructure, destroying the last remaining bridge that linked southern Lebanon to the rest of the country. Mohamad Bazzi is director of the Center for Near Eastern Studies, and a journalism professor, at New York University Continue reading...
Meta Platforms (META) is doubling down on its partnership with CoreWeave (CRWV) through a new $21 billion deal to better leverage CoreWeave's AI cloud platform for scale. Meta also released its new Muse Spark AI model earlier this week. Yahoo Finance Tech Editor Dan Howley breaks down the headlines.
Meta Platforms (META) is doubling down on its partnership with CoreWeave (CRWV) through a new $21 billion deal to better leverage CoreWeave's AI cloud platform for scale. Meta also released its new Muse Spark AI model earlier this week. Yahoo Finance Tech Editor Dan Howley breaks down the headlines.
For many bitcoin miners, it has cost more in recent months to produce a bitcoin than the coin can be sold for, leading them to stop operating some machines and to sell more bitcoin holdings to raise cash.
For many bitcoin miners, it has cost more in recent months to produce a bitcoin than the coin can be sold for, leading them to stop operating some machines and to sell more bitcoin holdings to raise cash.
No Storybook Ending: Disney Plans Another Round Of Layoffs Disney turned a new chapter earlier this year when Josh D'Amaro took over the century-old entertainment giant from Bob Iger as chief executive. But the closely watched succession has occurred against the troubling backdrop of recent reorganization and a questionable turnaround effort, leaving Wall Street analysts with mixed feelings. The W...
No Storybook Ending: Disney Plans Another Round Of Layoffs Disney turned a new chapter earlier this year when Josh D'Amaro took over the century-old entertainment giant from Bob Iger as chief executive. But the closely watched succession has occurred against the troubling backdrop of recent reorganization and a questionable turnaround effort, leaving Wall Street analysts with mixed feelings. The Wall Street Journal reports that D'Amaro is set to continue the layoffs that started under Iger's watch, with a new round of approximately 1,000 workers that could be announced in the near term. For those employees, there is no happy storybook ending to Disney's next round of layoffs, which will impact the recently consolidated marketing department. Iger, who returned to save the sinking Disney ship in 2022, launched major restructuring efforts that included the elimination of more than 8,000 jobs. Most of the cuts centered on entertainment, ESPN, and corporate units, while parks and cruise operations have largely remained untouched and continued to expand. The report continued: Disney has been consolidating long-siloed operations to cut costs and coordinate its efforts across divisions, particularly online. The company combined marketing for entertainment, experiences and sports under a single chief marketing officer, Asad Ayaz, for the first time, in January. Ayaz's plan to unite the marketing group and reduce expenses is code-named Project Imagine, according to people familiar with the matter. Disney is also combining the staff of its Disney+ and Hulu streaming services as it goes about merging both brands into one app. The company has been working with consultants from Bain & Co. to strategize its cost-cutting. The decision to reduce headcount reflects broader pressure across Hollywood ( death of Hollywood in charts ), where traditional TV profits have softened, box-office returns remain muted, and streaming has become increasingly unprofitable. Disney is also trying to ...
Apollo Global Management Chief Executive Officer Marc Rowan resolved a lawsuit JPMorgan Chase & Co. brought against him and other early investors in Charlie Javice ’s student-finance startup, Frank. Javice was convicted in March 2025 of defrauding JPMorgan in its $175 million acquisition of her company. The bank is now seeking to recoup some of its losses from her backers. A trust controlled by Ro...
Apollo Global Management Chief Executive Officer Marc Rowan resolved a lawsuit JPMorgan Chase & Co. brought against him and other early investors in Charlie Javice ’s student-finance startup, Frank. Javice was convicted in March 2025 of defrauding JPMorgan in its $175 million acquisition of her company. The bank is now seeking to recoup some of its losses from her backers. A trust controlled by Rowan, who invested in Frank in a personal capacity, was one of the defendants named in a sealed complaint the bank filed last month in Delaware Chancery Court. On Wednesday, the same day a redacted version of the bank’s lawsuit was made publicly available, JPMorgan said in a court filing it was voluntarily dismissing claims against the Rowan trust. A JPMorgan spokesperson declined to comment on any agreement with the trust. A spokesperson for Rowan had no comment. Israeli venture capital fund Aleph LP was also sued by JPMorgan. Its co-founder, Michael Eisenberg , didn’t respond to messages sent to his LinkedIn page. The JPMorgan executive who led the acquisition testified at Javice’s trial that Eisenberg introduced the entrepreneur to the bank. A jury found Javice lied and faked data to make JPMorgan believe her site had more than 4.25 million users when in reality it had fewer than 300,000. She was sentenced in September to seven years in prison but is currently free on bail while appealing her conviction. Many parts of JPMorgan’s suit against Frank investors were redacted, including language from the agreement that the bank claims establishes their liability for losses resulting from fraud. According to the suit, JPMorgan asked the investors to honor this agreement shortly after it uncovered Javice’s fraud in 2022, but they refused and continued to refuse even after she was charged and convicted. “It would be unconscionable and against fundamental principles of equity, justice, and good conscience to permit the Holders to retain funds paid to them as a result of that fraud...